Bitcoin News 25 July 2017 – CFTC Approves First Institutional Bitcoin Derivatives Platform

Bitcoin News today with the top story being that the U.S. Commodity Futures Trading Commission (CFTC) has approved institutional Bitcoin derivatives platform Ledgerx LLC as the first regulated Bitcoin options exchange and clearinghouse – this is huge news!   This development could put a fire under the Bitcoin price – if futures and options are traded, it could increase trading volume exponentially. This is certainly a development to keep an eye on.         Other news headlines:-   Blockchain in Trade Finance – huge opportunity to streamline this…

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Bitcoin News 24 July 2017 – Bitcoin’s Major Traction in India, Fourth Highest Trading Market

Bitcoin News Today with the top stories on Bitcoin gaining commercial and regulatory traction in India. Bollywood and Online portals are helping Bitcoin gain traction in India – it has been reported that India is the fourth highest Bitcoin trading market, with over 1 million users. Bollywood is also becoming fascinated with the cryptocurrency. Online portals taking Bitcoin are increasing into various industries – book stores, bus/flight ticket and holiday booking, mobile recharge, web hosting, software management, online clothes and home décor, and training and recruitment.   While Bitcoin adoption…

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Bitcoin News 23 July 2017 – Bitcoin’s Bullish Price Attracting More Investors

Bitcoin News Today – The Bitcoin price continues to strengthen after the commitment of the Bitcoin community to avert a hard fork and split in the blockchain on 1 August by signaling to implementing BIP91/SegWit.  Traders and Investors are Coming Back to Bitcoin – what are the reasons? Increased recognition and adoption;  Safe Haven;  Imminence of Scaling;  Lower Fees and altcoins struggling to prove their worth.         Other News headlines:   Crowdsales made simple – ICObazaar is an innovative crowdsale participation platform that lets you explore and…

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Bitcoin News 21 July 2017 – Bitcoin Price on Full Throttle on the Back of BIP91 Acceptance

BREAKING NEWS today – Top Story – Over 93% of Bitcoin Miners have signaled acceptance of BIP91 and has been locked in to activate on 1 August 2017 – BIP91 is to scale Bitcoin and reduce transaction time – more information can be found here  The Bitcoin price has surged 20% with this positive news as well as the early signaling that took place the past few days. The price is robust and fundamentals strong – is $3000 or higher in sight sooner rather than later? Add your comments below.…

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Bitcoin News 17 July 2017 – Bitcoin, Ethereum Volatility after Price Drop Shock

Bitcoin news today – Top story must be the sudden drop of the cryptocurrency market in the past week that has sent shockwaves through the market. The Bitcoin exchange GDAX, plans to suspend Bitcoin Withdrawals If UASF Activates – this is a warning not to keep your Bitcoins in an online wallet.       The upcoming scaling of Bitcoin, implementation of SEGWIT2X, is still creating much concern and as a result, causing the markets to react negatively. Interesting to note that this downward trend also affected most of the…

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Bitcoin News 6 July 2017 – Bitcoin Network Congestion Easing Ahead of SegWit2X

Bitcoin News Today – The major stories as follows:- Unconfirmed Transactions Queue and Bitcoin Fees Drop Considerably – averaging roughly 7,000 to 15,000 unconfirmed transactions per day. Just a few weeks ago 200,000+ transactions held up in the mempool – some of these transactions taking days to confirm.  The transaction delays and higher fees highlighted the need for Bitcoin to scale urgently. A date of 1 August 2017 has been set for the implementation of SegWit2X.       Litecoin Crosses $1B in Trading Volume – Litecoin volume and price…

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What is EOT?

A new cryptocurrency designed with a purpose and use has just entered the cryptocurrency market.  In our growing digital economy, privacy, security, and encryption are a necessity to protect our digital footprint.  Learn more about how and where EOT fits in.       What is EOT? EOT is, like Bitcoin, a cryptocurrency and digital payment system. Transactions take place between users directly without the interference of any third party. Transactions are recorded and verified in a public ledger call the blockchain EOT was specifically designed to be used for…

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Bitcoin News 4 July 2017 – Hackers Extort $28 million in Cryptocurrencies

Bitcoin News Today – 4 July 2017 Major Headlines from today’s news: – FBI Says Hackers Managed to Extort $28 Million in Cryptocurrencies, GOLDMAN SACHS: Bitcoin could see a big drop then surge to almost $4,000         FBI Says Hackers Managed to Extort $28 Million in Cryptocurrencies – In the annual report of 2016 just released, the following was noted:- – Over 17,146 individual cases of extortion were recorded – Online crimes include DDoS attacks – Reported online crimes rose 3.7% in 2016 with most affected countries being the…

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Bitcoin News 28 June 2017 – Large Cyber Attack Cripples Global Networks

Bitcoin News today – the Bitcoin price has recovered somewhat and so have the other cryptocurrencies such as Ethereum. Be mindful of the fact that the cryptocurrency market has seen massive growth in the first 6 months of 2017 however, some volatility is expected in the short term.   What is your mindset – Speculator or long term investor? Learn about the fundamentals driving the Bitcoin price – Top Ten Drivers of the Bitcoin Price          News headlines:-   ‘Powerful’ cyber attack on Ukraine goes global – Chernobyl’s…

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The Bitcoin Wallet is Dead!

Every day, people are being introduced to Bitcoin and the first thing everyone does is open up an online wallet so that they can begin transacting with Bitcoin. The understanding of the different wallets available is key to ensure the safety of your digital assets.   Watch the video here:-   In this short video, discussion points as follows:–   Faith in Third Party Providers such as Exchanges; Online Wallet Providers and Mobile Apps often this trust ends in Tears! For Example, MtGox, Bitfinex plus other recent exchange hacks and…

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